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Thursday, July 15, 2010
Buy Skumars Nationwide 15/07/2010
6 - 8 Days Buy Skumars Nationwide 77.00 - 76.00 Stop-loss 73.75 Tgt: 86.00
BANKNIFTY FOR SUPPORT 15/07/2010
BANKNIFTY (2nd Resistance) 10076.4
(1st Resistance) 10003.8
Pivot point 9952.4
(1st Support) 9879.8
(2nd support) 9828.4
NIFTYFOR SUPPORT 15/07/2010
NIFTY (2nd Resistance) 5483.52
(1st Resistance) 5435.98
Pivot point 5406.12
(1st Support) 5358.58
(2nd support) 5328.72
Quarterly Results 15/07/2010
Axis Bank Quarterly Results
Castrol India Quarterly Results
Colgate Quarterly Results
IL & FS Investment Quarterly Results
LIC Housing Finance Quarterly Results
Polaris Quarterly Results
TCS Quarterly Results
UTV Software Quarterly Results
Zensar Technology Quarterly Results
Wednesday, July 14, 2010
BUY PNB 14/07/2010
We have observed strong buildup in PNB before
4-5 trading sessions and stock is moving around
those levels. We expect a positive move in the
counter up-to Rs1085. Therefore, traders can trade
with positive bias in the stock with the stop loss of
Rs1045.
MARKET OPENED 14/07/2010
Markets opened on a flat note and witnessed a minor correction in an early hour of trade but recovered lost
ground to close in the positive territory. On the daily chart , we are observing that markets are hovering near the
resistance of 18000 / 5400 levels. We maintain our view that once indices convincingly trade and close above
18000 / 5400 levels then they are likely to test the higher levels of 5450 – 5475 / 18120 - 18200 in coming trading
sessions. On the downside,5360 – 5335 / 17890 - 17800 levels may act as support for the day.
BUY PATNI 14/07/2010
Significant short positions exist in PATNI and the
stock is showing strong support around Rs505-510.
Positive move of Rs550 cannot be ruled out.
Positional traders can form long around 510-515,
with the stop loss of Rs500.
Monday, July 12, 2010
BUY DENA BANK 12/07/2010
Pick Of The Season : Dena Bank 93.45 Buy, Technical Tgt 106, 4-6weeks, Fundamental Tgt 115
Friday, July 9, 2010
BUYORBITCORP 09/07/2010
Call for Day traders BUY ORBITCORP 138.00 - 137.50 Stop-Loss 136.40 Tgt 142.00
BUY ESSAROIL 09/07/2010
INTRADAY BUY ESSAROIL CMP 141.60 STOP LOSS 138.90 TARGET1-143.20, TARGET2-145
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